India will allow overseas broken rice shipments of 397,267 tonnes backed by letters of credit issued before 8 September, the government said in a notification, as a sudden ban on exports of the grain prevented the loading of cargoes
India ships around two million tonnes of rice every month, with large amounts loaded from eastern ports such as Kakinada and Visakhapatnam in Andhra Pradesh state.
India banned exports of broken rice and imposed a 20% duty on exports of various other types on Thursday as the world's biggest exporter of the grain tries to boost local supplies and calm prices.
Drought in China, low rainfall in India and massive monsoon floods in Pakistan are threatening global rice supplies, risking shortages for more than 2 billion people in Asia that depend on it as a staple food.